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WEALTH CREATION – Wine as an alternative investment

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Manage episode 444054621 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST - Michael Fridjhon - Founder of Winex
South Africa’s wine industry is poised for a comeback, driven by rising local demand and the growing popularity of white wines like Cap Classique and Chenin Blanc in China. Exports of Cap Classique to China rose by 4% in 2023, despite a decline in overall wine exports.
Although South Africa’s wine exports to China shrank in 2023, that market remains a vital growth area for the local wine industry, with its market share steadily increasing since 2019. This year, the Chinese market is anticipated to expand further, fueled by post-pandemic recovery and growing demand for white wines – providing a significant opportunity for South African producers. Kaya FM
  continue reading

168 episodes

Artwork
iconShare
 
Manage episode 444054621 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST - Michael Fridjhon - Founder of Winex
South Africa’s wine industry is poised for a comeback, driven by rising local demand and the growing popularity of white wines like Cap Classique and Chenin Blanc in China. Exports of Cap Classique to China rose by 4% in 2023, despite a decline in overall wine exports.
Although South Africa’s wine exports to China shrank in 2023, that market remains a vital growth area for the local wine industry, with its market share steadily increasing since 2019. This year, the Chinese market is anticipated to expand further, fueled by post-pandemic recovery and growing demand for white wines – providing a significant opportunity for South African producers. Kaya FM
  continue reading

168 episodes

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